TOKYO, Apr 17 (Pulse News Wire) – Netstars CO.,LTD. (8559.T) announced adjustments to the purchase price of its D-type preferred shares issued through a private placement on March 31, 2014.
According to the notice, the revised purchase price is now ¥904. The adjustment applies from April 18, 2026, onwards, based on provisions outlined in the issuance terms. Under these terms, the indicative quotation is considered equivalent to the closing price of ordinary shares during the calculation of the purchase price.
However, the term specifically refers to special indicative quotations. In cases where transactions fail to complete and there are no special indicative quotations available, the indicative quotation is not used in the purchase price calculation. Conversely, if transactions succeed and there is a closing price along with a special indicative quotation, the closing price is utilized instead.
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